在過去的24小時內，超流動性[HYPE]略微暫停了其價格快速增長

在過去的24小時內，超流動性[HYPE]在過去24小時內略微暫停了價格的迅速增長，在每月高13.31％的人中達到13.31％後，其價格略有0.25％。

Hyperliquid [HYPE] price saw a small pause in its rapid gains over the past 24 hours, reporting a 0.25% increase. Analysts suggest that retail derivative traders may have influenced this drop. However, this group could still impact HYPE’s next move as the whale standoff continues.

在過去的24小時內，高流動性[Hype]價格的迅速增長很小，報告增加了0.25％。分析師認為，零售衍生品交易者可能影響了這一下降。但是，隨著鯨魚對峙的繼續，該小組仍然可能影響HYPE的下一步行動。

Whales hold opposing views on HYPE

鯨魚對炒作有反對的看法

A glance at the Hyperliquid Whale Tracker on Coinglass reveals two whales betting on opposite outcomes for HYPE- one anticipating a price increase, the other expecting a drop.

一眼瀏覽了coinglass上的超流動鯨魚追踪器，發現兩隻鯨魚下注相反的結果，一個預計價格會上漲，另一個預計會下降。

The long trader, expecting a rally, opened a $15.54 million position at $11.93. The position currently holds a 34.59% profit with a liquidation price at $3.25, while the market trades at $18.

這位長期交易者預計將舉行集會，以11.93美元的價格開設了1554萬美元的職位。該職位目前持有34.59％的利潤，清算價格為3.25美元，而市場的交易價格為18美元。

Conversely, the short trader holds a $12.80 million position opened at $14.209. The position is down 22.13%, with a liquidation price of $25.95.

相反，這家短交易者持有1,280萬美元的職位，開盤價為14.209美元。該職位下降了22.13％，清算價格為25.95美元。

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However, the profit on the long position doesn’t necessarily mean the market will move in its favor, nor does the loss on the short position guarantee its failure.

但是，長期以來的利潤並不一定意味著市場將有利於其有利，而短期職位的損失也可以保證其失敗。

To assess where the market might move, AMBCrypto examined the activity of retail derivative traders on HYPE- specifically, whether they’re buying or selling, as they could play a decisive role.

為了評估市場可能遷移的位置，Ambcrypto檢查了零售衍生品交易者在大肆宣傳的活動，無論他們是買賣還是出售，因為他們可以發揮決定性作用。

Retail traders bet against the short

零售交易員對短暫的投注

Most retail derivative traders are betting on a rally and have opened long positions, aligning with bullish market sentiment.

大多數零售衍生品交易員都在集會上下注，並開放了長期職位，與看漲的市場情緒保持一致。

Market volume has surged over the past 24 hours, accompanied by a slight price increase. At press time, market volume was up by 5.73%, surging to $274.91 million, signaling growing buying momentum.

在過去的24小時內，市場量急劇增加，伴隨著略有價格上漲。發稿時，市場銷量增長了5.73％，飆升至2.749億美元，這表明購買勢頭不斷增長。

The Volume-Weighted Funding Rate has remained in positive territory since the 20th of April, suggesting most positions in the market are from traders expecting a rise in HYPE’s value.

自4月20日以來，體積加權的融資率一直保持在積極的領土上，這表明市場上的大多數頭寸都來自交易者期望炒作價值的上升。

This metric combines derivative market volume with funding rate data to determine whether positions are bullish or bearish.

該指標將衍生品市場量與融資率數據結合在一起，以確定位置是看漲還是看跌。

A positive reading, like HYPE’s current rate, indicates bullish sentiment among traders.

正面的閱讀，例如HYPE的當前率，表明交易者的看漲情緒。

Similarly, Open Interest remains positive, reaching its February 22 high, when market positions surpassed $560 million, mainly from long traders.

同樣，開放利息仍然是積極的，達到2月22日的高點，當時市場地位超過5.6億美元，主要來自長交易者。

Additional indicators confirm that derivative traders continue to align with the market’s bullish trend.

其他指標證實，衍生品交易者繼續與市場的看漲趨勢保持一致。

More bullish sentiment surfaces for HYPE

炒作的更多看漲情感表面

Over the past 24 hours, retail derivative traders betting against a bullish move for HYPE have seen $47,790 in losses as the market gained momentum. These losses could increase further as pressure mounts on short traders.

在過去的24小時內，隨著市場的增長，零售衍生品交易者押注對炒作的看漲行動，損失了47,790美元。隨著短交易者的壓力增加，這些損失可能會進一步增加。

A closer look at 12-hour liquidation data shows that out of the $42,760 in forced liquidations, short traders faced losses of $37,230 compared to $5,530 for long traders. This disparity strongly favors bullish traders.

仔細觀察12小時清算數據表明，在強迫清算的42,760美元中，短交易者面臨37,230美元的損失，而長交易者的損失為5,530美元。這種差異強烈支持看漲的商人。

Finally, the Funding Rate shows long traders paying a premium fee to short traders, currently at 0.0099%.

最後，資金率顯示長交易者向短交易者支付保費費，目前為0.0099％。

In this case, the market favors long traders who are trying to prevent a large gap between spot and futures prices. A higher funding rate could further support HYPE’s bullish trend.

在這種情況下，市場有利於試圖防止現貨和期貨價格之間存在巨大差距的長交易者。較高的資金率可以進一步支持炒作的看漲趨勢。

In essence, the derivative market traders are betting on a rally for HYPE. If momentum among this group keeps increasing, the whale who opened a short position may face liquidation.

從本質上講，衍生市場交易者正在押注炒作集會。如果這一群體之間的動力不斷增加，那麼打開較短位置的鯨魚可能會面臨清算。